It’s always a good idea to start building a relationship with an investment-friendly lender as early as possible, even if you’re still six months or more away from purchasing an investment property. Doing so can be a blessing in disguise, as it can help you optimize your credit score and receive a lower interest rate on your loan. This is especially true if your credit score is hovering between “fair” and “good,” or “good” and “very good.”

By working with an investment friendly lender in advance, you’ll have more time to address any credit issues that may be impacting your score, such as high credit utilization, late payments, or errors on your credit report. Your lender can provide you with valuable advice and guidance on how to improve your credit score and ensure that you’re in the best possible position to secure financing when the time comes.

However, it’s important to note that not all lenders have the capability to provide this type of guidance, so it’s important to ask the question upfront.